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    5621 S Vermont Ave

    Los Angeles, CA 90037
    • $999,000
    • STATUS: Active
    • ON SITE: 32 days
    • ID#: 20-619466
    UPDATED: 43 min ago
    $999,000
    • 6
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,884
      SQFT
    • $346
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2004
    County:

    School Ratings & Info

    Description

    Cap Rate above 7%. Excellent investment with opportunity for immediate cash flow. Tenants are already in place. Mixed-usage Residential/Retail great mix of 3 units. 2 units each with beds/2 full bath, 1 living, 1 dining, plus inside utilities. Gated parking behind the units. Recently updated. Can be rented under Section-8. Walking distance to a handful of businesses including banks, food, pharmacies, and more. 2 blocks from Slauson. 3 blocks from Augustus Hawkins High School. Under a mile to the 110 freeway and easy access to all major freeways.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-19T13:42:27.637. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.lydiagable.com/homes/109075137
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    5621 S Vermont Ave Los Angeles, CA 90037

    • Price: $999,000
    • Status: Active
    • Updated: 43 min ago
    • ID#: 20-619466
    6
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    2,884
    SQFT
    $346
    $/SQFT
    2004
    Built
    Neighborhood:
    Los Angeles Southwest
    County:
    Los Angeles
    Area:
    Los Angeles Southwest
    Property Description
    Cap Rate above 7%. Excellent investment with opportunity for immediate cash flow. Tenants are already in place. Mixed-usage Residential/Retail great mix of 3 units. 2 units each with beds/2 full bath, 1 living, 1 dining, plus inside utilities. Gated parking behind the units. Recently updated. Can be rented under Section-8. Walking distance to a handful of businesses including banks, food, pharmacies, and more. 2 blocks from Slauson. 3 blocks from Augustus Hawkins High School. Under a mile to the 110 freeway and easy access to all major freeways.
    Exterior Features

    Entry Location Ground Level W/Steps Exterior Construction FrameStucco Levels Ground LevelMulti/Split Lot Size Area 5038 Other Structures None Parking Garage PrivateDetachedParking SpaceSide By Side Patio Features None Pool Description None Pool YN No Roof Shingle Spa None Spa YN No Sprinklers None Style Contemporary Tennis Court None Total Parking 4 View Description Walk Street View YN Yes

    Interior Features

    Bathroom Features Shower And TubTile Baths Total 4.00 Common Walls Attached Cooking Appliances OvenCooktop - Gas Cooling Ceiling Fan Equipment DishwasherCeiling FanGarbage DisposalRange/Oven Fireplace Rooms BathKitchenLiving RoomDiningElectric Flooring CarpetTile Foundation Details Slab Heating WallNatural Gas Laundry In Living Room Windows Window Blinds

    Property Features

    Assessed Total Value 367509 Entry Floor Number 2 Gross Income 5850 Gross Operating Income 70200 Like Units1 1 Like Units2 1 Like Units3 1 Net Operating Income 58993.00 Number Of Buildings 3 Number Of Units 3 Property Condition Updated/Remodeled Rent Control YN No Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Builder Tenant Pays GasInsuranceTrash CollectionWaterHot Water Total Annual Expense 11207 TVServices Cable Tv Type Of Units Residential Water Public Year Built Source Builder Zoning Lac2

    Listing provided courtesy of Mitra Senemar DRE# of Real Estate Source, Inc..


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-19T13:42:27.637. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Lydia Gable Realty Group | Compass
    2945 Townsgate Road Suite 300
    Westlake Villiage CA, 91377